Net Income Analysis ( % relative to Total Revenue )
Income Statement First Metro Bank All Insured Commercial Banks in Alabama
Interest and Fees on Loans 18,698 8,354
Income from Lease Financing Receivables — 0
51 61
Estimated Tax Benefit from Tax-Exempt Loan Income 27 30
Income on Loans and Leases (TE) 18,725 8,404
Investment Interest Income (TE) 3,164 1,854
Total Interest Income (TE) 22,059 10,667
Total Interest Expense 2,148 1,209
Net Interest Income (TE) 19,911 9,419
Non-Interest Income 3,240 1,915
Adjusted Operating Income (TE) 23,151 11,331
Non-interest Expense 10,863 7,466
Provision for Loan & Lease Losses 280 339
Pretax Operating Income (TE) 12,008 3,581
Pretax Net Operating Income (TE) 12,008 3,690
Applicable Income Taxes 3,976 694
Net Operating Income 7,784 2,603
Net Income 7,784 2,603
Cash Dividends Declared 4,316 1,049
Retained Earnings 3,468 1,520